Invus Financial Advisors, LLC (New York)

Invus Financial Advisors, LLC is a large advisory firm based in New York. It manages $1.8 billion of regulatory assets for 17 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of New York.

Invus Financial Advisors provides portfolio management for pooled investment vehicles, selection of other advisers, and advisory services for a family office. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Invus Financial Advisors: assets under management

The assets under management (AUM) of Invus Financial Advisors, LLC is $1.8 billion. The firm's AUM has grown by 72% since the beginning of its operation, and $1.17 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $1.69 billion in discretionary accounts and $114.64 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $112.48 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $57.32 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Invus Financial Advisors, LLC for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Invus Financial Advisors serves?

The only and largest group of clients of Invus Financial Advisors is pooled investment vehicles with 17 clients and $1.8 billion of assets under management. Among the 9 most similar advisory firms, Invus Financial Advisors has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.8 billion for 17 clients. 67% of the firm’s clients are foreign persons or businesses.

Invus Financial Advisors also advises several private funds. Namely, two hedge funds and nine private equity funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Invus Financial Advisors, LLC

The company employs 11 people that are either part- or full-time employees. 73 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Leslie Laura Lake	Managing member	1 Jan 2007	25% - 50%	1677686
Llc Invus Alternative Assets Advisors	Member	1 Jan 2007	Other	26-0263770
Sacha Lainovic	Managing member	1 Jan 2007	25% - 50%	6023420
Carmen Taton	Chief compliance officer, chief financial officer	1 Jun 2011	Other	5664840

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Invus C.V.	Member	1 Jan 2007	75% - 100%	98-0233351
L.L.C. Ulys	Member	1 Jan 2007	Other	83-0359139
Raymond Debbane	Managing member	1 Jan 2007	75% - 100%	6023421

Based in New York

The principal office where Invus Financial Advisors, LLC performs its advisory services is located at 126 East 56 Th Street, New York, NY 10022, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-616-2555 or by fax 212-616-2556. The normal business hours are 9am - 5pm on Monday - Friday.